The growing influence of China's renminbi
Ten years ago the Chinese government ended the renminbi's strict peg against the US dollar. Since then the currency has gained in stature in world trade, investment and as a reserve currency, reflecting China's growing international influence...
FT News in Focus · Financial Times
July 29, 201512m 8s
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Show Notes
Ten years ago the Chinese government ended the renminbi's strict peg against the US dollar. Since then the currency has gained in stature in world trade, investment and as a reserve currency, reflecting China's growing international influence. James Kynge asks David Pavitt of HSBC and Jinny Yan of Standard Chartered what further changes are in store. Read more at ft.com/renminbi. Music: David Sappa
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